Equinor : Q3 2021 results beat expectations but a risk on Q4
>Adjusted net profit 5% above forecasts, boosted by derivatives on gas - Q3 2021 adjusted EBIT totalled $ 9.77bn (+110% q-o-q), i.e., respectively, 19% and 17% above our estimates and the consensus. Adjusted net profit was $ 2.77bn (+76% q-o-q), i.e. 3-5% above our estimates and those of the consensus, the best performance since Q1 2021 despite a higher tax rate at 72% vs 66% in Q2 and boosted by the MMP division which benefited from derivatives on natural gas produ...Equinor is engaged in oil and gas exploration and production activities. Co. is primarily focused on exploration, development and production of oil and gas on the Norwegian continental shelf (NCS). Co.'s operations are organized into four segments. The Development and Production Norway and Development and Production International segments explore, develop, produce and extract crude oil, natural gas and natural gas liquids. The Marketing, Processing and Renewable Energy segment markets, trades, transports and processes oil and natural gas and renewable energy. The Other segment consists of global well and project delivery, research and develpoment, and business development.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.